tag:blogger.com,1999:blog-3481083477379506990.post8796425947190512353..comments2023-10-30T05:28:11.795-04:00Comments on All Education Matters: Debtors StrikeCryn Johannsenhttp://www.blogger.com/profile/08452412213997621242noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-3481083477379506990.post-40630753956305973372011-11-20T14:49:26.347-05:002011-11-20T14:49:26.347-05:00The current economic system has clearly failed peo...The current economic system has clearly failed people. It would be inhumane and uncivilised to expect poor, underemployed people to remain debt serfs for life for the benefit of the rich. Thus, a debtors' revolt or strike has some justification. On the other hand, not everyone who benefits from the stability of the financial system is rich - ordinary people have bank accounts or depend on pension income. There ought to be an unwinding of the unfair settlement, and a 'new deal' that treats most people fairly. Perhaps the fear of total system collapse will coax the 1% into negotiations?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3481083477379506990.post-90056069519053953982011-11-19T21:57:31.458-05:002011-11-19T21:57:31.458-05:00We need to call it a DEBTORS' REVOLT - intenti...We need to call it a DEBTORS' REVOLT - intentional DEFAULT EN MASSE, to liberate ourselves from a future of impossible-to-break debt slavery. <br /><br />Walk away, repudiate your student debt. It is predatory, rigged against you, and, as a 'contract', was made in a different economic era - one that has ceased to exist.<br /><br /> Repudiate it then, starve the predatory lending system. <br /><br />Just tell them: hey, you're bad for my bottom line. And repudiate. Walk away. Join us who have done so.Draken Korinnoreply@blogger.comtag:blogger.com,1999:blog-3481083477379506990.post-87628824128385430342011-11-17T10:16:04.986-05:002011-11-17T10:16:04.986-05:00Well said, Cryn. I think though that "jubilee...Well said, Cryn. I think though that "jubilee" has a connotation of recklessness which could be troublesome also. I think the word subprime needs to be linked to the student loan scandal. Subprime student loan relief? Discharge maybe? Not sure. But subprime makes (or should in theory) the ignorant question what makes them subprime, and more likely to support it once they do.Anonymousnoreply@blogger.com